The stock market, it seems, has been going straight up. And now the market is expensive. Make no mistake about the real reason for the market’s rise. This chart shows that stocks are moving up in lockstep with the Federal Reserve printing money. And the momo (momentum) crowd is following along obediently.
This post was just published on ZYX Buy Change Alert. Micron (MU) is long from $21.77. It is trading at $59.76 as of this writing. Micron is a maker of DRAM and NAND semiconductor memories. Upcoming 5G phones and other 5G projects are significantly increasing demand for memory. This is positive for
Weekly Digest from The Arora Report is popular among serious investors and money managers because they have found studying insights from the prior week gives them an edge over the coming weeks. Here is the day by day rundown from the morning capsules made available every morning before the market
President Trump acted where his two immediate predecessors, presidents Obama and Bush, apparently punted by killing Iranian Gen. Qassem Soleimani. After Soleimani was killed and the stock market was falling, I said his death may not be as significant for the stock market as it seems. Now Iran has retaliated
This post was just published on ZYX Buy Change Alert. To see the stock market x-ray, please click here. Micron (MU) is long from $21.77. Micron stock is trading at $56 as of this writing. The company reported earnings in line with consensus but less than the whisper numbers. Broadly speaking, the company produces
President Trump’s economic adviser, Gary Cohn, said that starting this week the administration expects to launch a tax campaign that will lead to major legislation by the end of 2017. That would have major implications for investors, and you should consider trying to get ahead of it. To be prepared
Prudent investors ought to pay attention to a menacing pattern developing in the stock market. Please click here for an annotated chart. The chart is of the Nasdaq 100 ETF QQQ, A similar pattern can be seen in S&P 500 ETF SPY, I picked QQQ because the pattern is more
Popular “FAANG” stocks suffered a blood bath Friday. FAANG stocks are Facebook FB, Amazon AMZN, Apple AAPL, Netflix NFLX, and Google GOOG, GOOGL. They’re known as a group because of their persistent outperformance as large-cap U.S. technology stocks. The technology bellwether Nasdaq Composite Index COMP, slid 1.8% on Friday, and the
The probability is high that certain stocks, below, will continue to rise, provided earnings continue to grow as they have this quarter and the economy remains as supportive as it is now. I am getting a lot of questions from investors after Thursday’s $2 trillion earnings day. It was the
This post was just published on ZYX Buy Change Alert. MU is long from an average price of $21.77. It is trading at $26.89 as of this writing. Partial profits have previously been taken as high as $29.60. It appears that one or more institutions are in possession of adverse information that is